Bank Mega Syariah Aims Rp 265 Billion Profit in 2013

PT Bank Mega Syariah perseoran target by 2013 will reach 265 billion USD before taxes. The Company believes it is able to achieve the target.

This was revealed by the President Director of PT Bank Mega Syariah, Benny Witjaksono time press conference at Menara Bank Mega, Capt. Tendean Road, Jakarta (12/4/2013).

“In 2013, we have reached the target grossnya profit at Rp 265 billion, or after tax of Rp 198 billion. Course to secure this we have step by step,” he said.

Benny did not mention what the expansion to be able to achieve these targets. “We have also reached earlier illustrates that God willing will be up,” he added.

The target is higher than the company’s profit after tax in 2012, which reached Rp 184.8 billion. Said to Benny, corporate profits continue to experience positive trends. Characterized by increased earnings in 2012 amounted to 243.2% in 2011 compared to the previous which only reached Rp 53.8 billion.

Furthermore Benny said, profit after tax increased performance company supported by 3 main things. Among them is the better performance of the company, also in terms of business growth.

“First petumbuhan business itself. Both increase employee productivity, the third, we are very successful in controlling operating costs,” he concluded.

BNI Net Income Grows 30.2%

PT BNI Tbk (BBNI) net profit in the first semester of 2013 amounted to Rp 4.28 trillion, up 30.2% over the same period in 2012 amounting to Rp 3.287 trillion. According to the directors, the increase in net income was driven by growth in net interest income earned from credit and non-credit.

Gatot Suwondo, Director of BNI, said that in the first semester of 2013 the company recorded a credit of Rp 222.65 trillion, grow 24.1% compared to the same period last year of Rp 179.44 trillion. The increase in lending is pushed net interest income or net interest income of Rp 8.896 trillion, an increase of 23.1% over the same period in 2012. “Non-interest income grew 22% to Rp 4.56 trillion,” said Billy.

Social Security in First Half Profit Jumps 95 Percent

Social Security PT (Persero) posted a profit after tax in the first semester of 2013 amounted to Rp 1.69 trillion or 95 percent jump compared to the first half of 2012 amounted to Rp 870 billion. Director of Social Security Masasya G Masassya said that the increase in fee revenue over the first half of 2013 rose 64 percent to Rp 2.87 trillion in the same period last year to Rp 1.75 trillion.
»In the first half of 2013 we recorded a net income contribution of Rp 914.5 billion, surged 205 percent,” he said in a written statement, August 5, 2013.
Total revenue per June 2013 rose 202 percent to Rp 916 billion. Social Security investment income recorded a non-collateral (JHT) in the first semester of 2013 amounted to Rp 1.36 trillion, up 59 percent and revenue management of the investment fund old age insurance up 20 percent.
Social Security an operating profit in the first semester of 2013 rose 84 percent to Rp 3.14 trillion and profit before tax also rose 84 percent to Rp 1.97 trillion.
Director of Finance Social Security Trisanto Herdy adds up to June 2013 the company has been realizing managed fund of Rp 143.6 trillion. That figure represents 96.31 percent of the 2013 target of Rp 149.1 trillion. Additionally in June 2013, the company posted revenue of Rp 9.02 trillion investment or representing 61.72 percent of the 2013 target of Rp 14.6 trillion.
»The results of the development of old-age benefits by June 2013 amounting to Rp 6.32 trillion or 60.06 percent realize the 2013 target of Rp 10.5 trillion,” he said in a written statement.
In terms of net income, Social Security also booked Rp 1.69 trillion as of June 2013, representing 77.43 percent of the 2013 target of Rp 2.19 trillion. Acceptance of Social Security contributions by June 2013 amounted to Rp 12.3 trillion, representing 49.62 per cent of the 2013 target of Rp 24.84 trillion. And payment guarantees by June 2013 amounted to Rp 6.21 trillion or 59.75 percent of the realization of the 2013 target of Rp 10.4 trillion.

Profit Dropped 82 Percent BNBR

PT Bakrie & Brothers Tbk (Bakrie), the parent company of the Bakrie business group, posted revenue of Rp 1.95 trillion in the first semester of 2013, plunged 82 percent over the same period in 2012 amounting to Rp 11.39 trillion.
Bobby Gafur Umar, President & CEO BNBR, explains, during the first six months ni BNBR successful management significantly suppress interest expense and financial expense by decreasing the portion of the debt.
Thus, interest expense and finance
The company fell by 78 percent from Rp 775.79 billion in the first half of 2012 to Rp 172.78 billion at the end of the first half of 2013, “Bobby said in a written statement on Wednesday (31/07/2013).
“It is down when compared to the first half of 2012 revenue gains. This is due to the deconsolidation of our subsidiaries, namely Bakrie Petroleum International Pte. Ltd.. and its subsidiaries, It also had an impact on net profit of the company, “he said.
Based on the company’s financial statements as of June 30, 2013, net income BNBR first half of 2013 reached Rp 8.36 billion, down 96 percent compared to the same period in 2012 amounted to Rp 214.35 billion.
In the report a year ago, perserian still include financial records Bakrie Petroleum International Pte. Ltd.. and Subsidiaries.
While the Company’s profit attributable to the parent entity, in the same period also fell from Rp 61.23 billion to Rp 4.86 billion.
The Company recorded a debt position until the first semester of 2013 BNBR remaining Rp 172.78 billion from Rp 603 billion.

Sony Xperia M sold less than USD 2.7 Million

In addition to the Sony Xperia Z Ultra, Sony Mobile also released the Sony Xperia M. 4-inch screen smartphone is more targeted to the middle class segment.
Although not yet officially decided how banderolnya, but Marketing Manager of Sony Mobile Communications Indonesia Ika Paramita estimated price range of USD 2.2 to 2.7 million. “To be sure the price is still Monday, but likely in the range of the price,” he told Tribunnews.com at the Four Seasons Hotel on Wednesday (24/07/2013).
Sony slipped somewhat royal high specification in this intermediate device. Dalemannya has brought dual-core Snapdragon S4 processor, plus 1GB of RAM. Even so, the screen resolution is only 480 × 854 pixels.
This device has two versions, namely the dual SIM with three colors and single SIM options available in four colors. “What comes first is the single SIM version, which is a dual SIM catch up later,” adds Ika.
Sony Xperia M has also been featured dual camera, 4 GB internal memory, Bluetooth, and NFC connectivity is important. “Excellence NFC connectivity is faster than Bluetooth connection and easy way, just by touch alone,” Ika said.

Up turnover, Kalbe Farma Raup Rp 922 Billion Profit

Net income of PT Kalbe Farma Tbk (KLBF) rose 14.2% in the first half of 2013 to Rp 922 billion. The rise in profits was driven significant sales growth.

In line with net income, earnings per share also increased to Rp 20 per share from Rp 17 per share. While net sales grew by 18.9% to Rp 7.421 trillion from Rp 6.244 trillion in the same period in 2012.

“Despite rising inflation, we see the demand for pharmaceutical products, consumer health and nutrition products can last up to the first half of 2013,” said Chief Financial Officer and Corporate Secretary Kalbe Vidjongtius in a press release on Wednesday (31/07/2013).

Gross profit increased by 18.3% to Rp 3,623 billion, in line with sales growth. The ratio of gross profit to sales decreased 0.3% to 48.8% from 49.1% in the first half of last year, among others, due to the impact of the depreciation of Rupiah and change the composition of the business.

“We remain wary of the rupiah and anticipate continued volatility in the short term and their impact on the Company’s margins. Nevertheless, we remain confident of achieving the target this year,” he said.

Prescription Drug Division recorded net sales of Rp 1,887 trillion, up 18.1%, driven mainly by volume growth. Prescription Drug division contributed 25% to total net sales.

Health Division recorded growth of 19% to net sales of Rp 1,194 trillion. Health Division contributed 16% to total sales

Nutrition Division maintains the momentum achieved net sales of USD 1.759 trillion, an increase of 32.1% over the same period in 2012. Nutrition division now contributes 24% to total sales.

Distribution and Logistics division grew 11.6% to reach sales of Rp 2,581 billion. Distribution and Logistics division contributed 35% to total net sales, down from 37% in the first half of 2012.

Ratu Prabu Aims Rp 551 Billion Revenue in 2013, Up 25%

PT Ratu Prabu Energy Tbk (ARTI) is optimistic handful net income of Rp 551.85 billion at the end of 2013. Revenues, up 25% from the previous period amounting to Rp 449.48 billion.

Director of Ratu Prabu Energy, Gemilang Zaharin explained from the increase in net income of Rp 112.37 billion in 2013, the majority of revenue is contributed from the oil and gas business.

“This year, the oil and gas sector is projected to be the main revenue contributor ARTI is about Rp 478.58 billion, up 25% than in 2012. Meanwhile, income property sector is expected to contribute Rp 75.8 billion,” Bright said after the AGM at the Queen King Ratu Prabu Energy in Building I, Jalan TB Simatupang, South Jakarta, Wednesday (24/04/2013).

Coded ARTI will also go into the oil and gas services business in Myanmar and Brunei Darussalam. In property, ARTI ready to develop the concept of apartments, hotels and offices in around TB Simatupang, South Jakarta.

In 2012, ARTI earn net income of Rp 449.48 billion, up from the previous period which amounted to Rp 309.74 billion. While net income, a significant increase from Rp 11.76 billion in 2011 to Rp 51.85 billion last year.

Market turnover Toyman Gembrong rose 30 percent during Lebaran

People who thronged Gembrong Toy Market, Jatinegara, East Jakarta bring sustenance to the merchant. Some vendors claim their turnover rise during Lebaran.

Herry (48), Kawan Lama toy shop owner, said turnover during Eid can be increased by 30 percent when compared to normal days.

“When Eid is a lot of people are looking for a toy for his son. Because right now Lebaran many children who received red packets of money,” he said.

Herry said the most sought after toys this time is a car racing car tamiya and “remote control”. Price range 10,000 Tamiya racing car to Rp 40,000, while the car “remote control range from 50 thousand up to Rp400.000.

Moreover, tamiya accessories like a “track” for the race also much sought after. While most toys sold in the market Gembrong is imported from China, Herry said “track” tamiya he was selling a local product.

“Scooters and scooters otopet genjot too much demand. Otopet Scooter prices range from 150,000 to 250,000, while the scooter genjot ranged up to Rp700.000 Rp600.000,” he said.

When Herrera expects an increase in turnover on Eid this time, Toto (40), owner of the store actually pessimistic doll Dolls Vareency can reap many benefits.

“Lebaran this year is not like last year. Though I have prepared a lot of stock because they thought this year would be the same as last year,” he said.

Toto estimates that turnover will he be on Eid this year will only be the same as Sunday on weekdays only.

Toto said Hello Kitty dolls and stuffed Minion is currently the most popular and most sought after.

PLN: Net Profit Up 15 833 Percent

Company Limited reported a net profit of PLN in the first half of 2013 amounted to 15 833 percent compared to the same period of 2012.
Head of Commercial Division PLN Benny Marbun in Jakarta on Thursday, said the first half of 2013, net income reached Rp 4, 78 trillion, a significant increase of Rp 4, 75 trillion over the same period of 2012 which only 30 billion.
“The increase in net income was mainly due to tremendous rise in foreign exchange earnings which are noncash Rp 7, 6 trillion,” he said.
In the first half of 2012, the electricity SOEs suffered losses at Rp 6, 7 trillion, while the first half 2013 profit rate RP0, 9 trillion in order to obtain foreign exchange gain of Rp 7, 6 trillion.
Though, Benny continued, on the other hand an increase in interest expense and finance Rp2, 3 billion and increase the tax burden Rp1, 6 trillion.
According to him, the increase in foreign exchange gain of Rp 7, 6 trillion, mainly due to the appreciation of the rupiah against the yen by 10.4 percent even though at the same time the rupiah depreciated 2.7 percent against the U.S. dollar.
In the first half of 2012, the rupiah depreciated against both the yen and the U.S. dollar, respectively 2.4 percent and 4.5 percent.
“PLN pretty much liability in that decline yen yen positive impact on net income,” he said.
Benny also said that the first half of 2013 operating revenues rose 4.8 percent to Rp116, 7 billion when compared to the first half of 2012 amounted to Rp111, 4 trillion.
The increase in revenue, primarily from an increase in sales volume due to the addition of electric power customers and increase rates on a quarterly basis starting in January 2013 account.
Meanwhile, the operating expenses recorded Rp98, 3 trillion, up 3.6 percent compared to 2012 Rp94, 9 trillion.
“The increase in operating expenses among others, due to increased consumption of fuel and lubricants due to increased electricity sales and rising fuel prices,” he said.
Thus, he continued, first half 2013 operating income rose R1, 9 billion or 11.5 percent of Rp16, 5 trillion to Rp18, 4 trillion.
To EBITDA increased 10.1 percent to Rp30, 4 trillion from Rp27, 6 trillion.
The amount of non-current assets increased 2.6 percent to Rp484, 6 trillion on June 30, 2013 from Rp472, 1 trillion on December 31, 2012.
Current assets rose 0.9 percent to Rp69, 2 trillion on June 30, 2013 from Rp68, 6 trillion at December 31, 2012.
“The total number of the company’s assets at the end of Semester 1 in 2013 amounted to Rp553, 8 billion or increased by Rp13, 1 trillion from Rp540, 7 billion at December 31, 2012,” said Benny.

BlackBerry Sales Sluggish, Profit Drops 39% Erajaya

Erajaya Swasembada Tbk PT (ERAA) recorded a 38.9% decline in net income to Rp 129.8 billion in the first half of 2013 compared to the same period last year of Rp 212.4 billion. Profit fell because of sluggish sales of the BlackBerry which started early this year.

BlackBerry sales that have accounted for the largest portion of revenue to the company must be reduced. Consequently, total turnover alias Erajaya participate eroded revenue.

The Company recorded net sales decreased by 6.7% to Rp 5.976 trillion in the first half of 2013 compared to net sales in the same period of the previous year of Rp 6.406 trillion.

The company’s operating profit also fell by 30% to Rp 214.6 billion compared with the same period of the previous year which reached Rp 306.7 billion.

Director of Marketing and Communications Erajaya Djatmiko Ward said the decline in sales due to the new rules of import of mobile phones causing the import process becomes longer. As a result, the supply for uninterrupted sales.

“Two weeks things could not get in, the automatic result of stock and sales hampered,” said Djatmiko exposure time performance, at the Capital Residence Sudirman, Jakarta, Wednesday (31/07/2013).

In addition, he said, the decline in sales was also due to the floods that hit Jakarta in January that led to the loss of sales for 10-14 days. Start fading prestige BlackBerry brand in the Indonesian market since the beginning of the year also led to the sales down.

“Because of this flood hampered our distribution channels,” he said.

He said the decline in sales was also followed by lower sales volume for mobile phones to 4.9 million in the first half of 2013 from 5.2 million in the same period the previous year. Mobile phones and tablets recorded the most substantial contribution accounted for 88.1% of net sales to Rp 5.267 trillion in the first semester of 2013 from Rp 5.996 trillion in the same period the previous year.

Meanwhile, the average selling price for all mobile phone brands also fell to 1,070,578 in the first half of 2013 from 1,144,218 in the same period the previous year.